Thursday, May 7, 2015

VIX Volatility Daily Chart 200-Day MA Cross

There is a big battle ongoing for the VIX 200-day MA at 15.24. Market bulls rule when the VIX is under the 200-day and bears rule the markets above the 200-day MA. The VIX spent much of yesterday above the 200-day MA creating market weakness but the late-day recovery allowed the bulls to keep the VIX in their camp overnight. Pay close attention to the VIX 15.24 level since it tells you if the stock market will go up or down.

Keybot the Quant is monitoring the VIX 15.44 level as a key bull-bear line in the sand so this level carries clout as well. In a nutshell, bulls win with VIX under 15.24. Bears win with VIX above 15.24 and the selling will increase dramatically if VIX moves above 15.44. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 9:38 AM: Trading is underway for Thursday and the VIX pops to 15.61 with a HOD at 15.73 a couple minutes ago. The market bears rule but this battle will likely continue today.

Note Added 9:42 AM: VIX is 15.39 above the 15.24 which is bearish but not above Keybot's 15.44 level so the bears must push harder if they want lower stocks. The bulls need to push VIX under 15.24 to confirm a recovery rally at hand.

Note Added 9:44 AM:  VIX is 15.25 so here is the big decision, bounce or die from 15.24 and whichever way the VIX goes, the stock market goes the opposite direction.  ..... 15.33........ 15.39 .....

Note Added 9:54 AM: VIX 15.57.......15.64.......15.66.  Market bears are all smiles. The battle continues.

Note Added 9:25 AM Friday morning, 5/8/15: The bulls ended yesterday with the VIX at 15.13 under the 200-day MA.

Note Added 10:44 AM Friday morning, 5/8/15: The stock market explodes higher after the jobs report and the VIX collapses to 13.23 providing upside fuel and punching the bears in the face.

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